Ac Ratshesky Foundation
The A.C. Ratshesky Foundation is a private family foundation based in Needham, Massachusetts, with a mission to support economically disadvantaged individuals and families. Incorporated in 1916 and adopting its current name in 1930, the foundation has operated for over a century as a grantmaking organization committed to fostering economic and social justice.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.8M
+8.2% YoY
Annual Giving
$321K
+5.1% YoY
Grant Count
23
+0.0% YoY
Avg Grant Size
$14K
+5.1% YoY
Mission & Focus Areas
The foundation is committed to fostering economic and social justice for low- and moderate-income families residing in Boston, Massachusetts and surrounding communities. The foundation seeks programs that promote and strengthen skills and learning to better oneself on the way to self-sufficiency.
Primary funding areas include:
- Workforce development and employment programs
- Active learning for preteens and teens
- Year-round and after-school enrichment programs
- Programs addressing antisemitism in the community
- Support for disadvantaged Jewish populations (when aligned with other foundation priorities)
- Family partnering in early education
- Education and training
- Arts and culture
Grantmaking
Review Cycle
throughout the year, allowing grantseekers flexibility in submission timing.
How to Apply
** The foundation maintains multiple proposal deadlines throughout the year, allowing grantseekers flexibility in submission timing.
Ready to take the next step with Ac Ratshesky Foundation?
Geographic Focus
Where this funder awards grants
The foundation restricts grants to organizations serving metropolitan Boston communities and surrounding areas, with primary focus on organizations within Route 128.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $8,848,720
- Total Giving: $320,650
- Revenue: $351,000
- Expenses: $448,000
- Total Liabilities: $0
Tax Status: Designated as a 501(c)(3) organization; tax-exempt since September 1932. Donations are tax-deductible.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,848,720 | $8,180,107 | $7,551,831 |
| Revenue | $350,953 | $-33,746 | $276,653 |
| Expenses | $447,832 | $413,712 | $482,110 |
| Qualifying Distributions | $395,136 | $366,595 | $434,361 |
| Net Investment Income | $297,799 | $113,667 | $222,817 |
| Distributable Amount | $423,806 | $382,398 | $397,837 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
122 grants across all recorded years
Open Grants
2 open opportunities from Ac Ratshesky Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Craig Levy is listed as a contact person for the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REBECCA MORSE STEINFIELD | PRESIDENT/DIRECTOR | 1 | — |
| ROBERTA MORSE LEVY | VP TIL MAY/CLERK SINCE MAY/DIRECTOR | 1 | — |
| ERIC R MORSE | DIRECTOR | 1 | — |
| CRAIG LEVY | TREASURER/DIRECTOR | 1 | — |
| LAURIE MORSE SPRAGUE | ASST. TREASURER/DIRECTOR | 1 | — |
| ANNE MORSE CROTONE | CLERK TIL MAY/VP SINCE MAY/DIRECTOR | 1 | — |
| LOVEY MORSE | DIRECTOR | 1 | — |
Contact Information
- Address: 16 Green Street, Needham, MA 02492
- Phone: 617-391-3091
- Website: www.ratsheskyfoundation.org
- EIN: 04-6017426
Related Funders
Similar funders by location and focus area
Charles J Tasker Memorial Scholarship Fund
HANOVER, MA
Assets
$98K
Grants
1
Total Given
$8K
Marshall M & Barbara J Sloane Pvt Found
CHESTNUT HILL, MA
Assets
$1.2M
Grants
11
Total Given
$75K
John J Mcardle Iii & Joan C Mcardle
ANDOVER, MA
Assets
$1.8M
Grants
13
Total Given
$205K
Massachusetts Association of Realtors
FOXBOROUGH, MA
Assets
$18.1M
Grants
2
Total Given
$71K
Communities for Restorative Justice
BOSTON, MA
Assets
$524K
Grants
1
Total Given
$61K
Hingham Historical Society Inc
HINGHAM, MA
Assets
$7.4M
Grants
1
Total Given
$10K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Ac Ratshesky Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities